2 points Read the following selection from the article. Around 98 percent of the
courses are now open across the country. According to the National Golf
Foundation, even with the dismal March and April numbers, the industry is
anticipating that by the end of 2020, the number of rounds played could
be 2 to 6 percent higher than last year's 441 million. Why did the author
include this information?
to illustrate that many new players have started golfing during the coronavirus
lockdowns
to compare the effect of the coronavirus lockdowns on golf with its effect on other
sports
O
to illustrate the strength of golf's recovery since the coronavirus lockdowns started
O to compare the growth and popularity of golf before the coronavirus and after it

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.